The Hedge Fund legend says in a new interview the Federal Reserve’s policies have created a massive asset bubble while making both inflation and deflation more likely.
This episode is sponsored by Crypto.com, Bitstamp and Nexo.io.
Today on the Brief:
Markets recover slightly but vaccine trade falters as AstraZeneca pauses trials
Bitcoin and gold correlation increases sharply around dollar instability
Mastercard launches simulation tools to help develop central bank digital currencies
Our main discussion: Stan Druckenmiller speaks!
NLW breaks down the famed investor’s interview with CNBC today, including:
The merging of the Fed and the Treasury
Mania in financial assets
A growing fear of future inflation
Why the next three to five years are going to be extremely difficult
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